Centre extends bidding deadlines for Pawan Hans disinvestment

The Finance Ministry has extended the bidding deadlines for the strategic disinvestment of Pawan Hans by a month, citing logistical challenges faced by interested bidders due to the COVID-19 pandemic. This marks another setback for the government’s already dented plans to raise ₹2.1 lakh crore through disinvestment in 2020-21, with just about ₹14,000 crore raised so far through minority stake sales.